The Shanghai copper premium rose from its lowest in more than a year because of a narrowing negative import arbitrage for bringing units into China that made buying more attractive.The nearby LME forward curve switched to a solid contango as well, firming up sellers' positions globally. Shanghai cif premium rises by $3 per tonne from last Monday; bonded warehouse premium up by $5 LME cash/three-mo...Read More
Three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Thursday January 10. The exceptions were nickel that was up by 0.4% and lead that was up by 0.6%. The three-month copper price was up by 0.1% at $5,972 per tonne, with the high so far on Thursday being $5,985.50 per tonne. Volume across the complex has been average with 5,342 lots traded...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points in pre-opening trade. Index futures were virtually unchanged following release of the Weekly Jobless Claims report at 8:30 AM EST. Consensus was a drop 225,000 from an upwardly revised 233,000 last week. Actual was 216,000. Twitter gained $1.06 to $33.31 after Bank of America/Merrill upgraded the stock to Buy...Read More
Orsu Metals Corporation (TSXV:OSU) (Read full newsRead More
"GS Mining Company Announces Year End Results: Gold Intercepts Assayed, Dewatering and Rehabilitation Continued, Option for Clay County Mine Acquired https://t.co/kMrZkmm2Jg"Read full newsRead More
"Would you pay $75,000 for your very own gold mine? Remote New Zealand hut with access to one of the richest rivers in the WORLD hits the market - and the payoff could be huge https://t.co/6RQb3dWNYX"Read full newsRead More
"$AMRN - Amarin Corporation PLC (AMRN) CEO John Thero Presents at the 37th Annual JPMorgan Healthcare Conference (Transcript) https://t.co/FBri5UGDdx"Read full newsRead More
2018 was a record-setting year for Kirkland Lake Gold as the miner produced 723,477 ounces of gold, up 21 percent from 2017.Read full newsRead More
"China has increased its gold reserves to 59.56 million ounces after refraining from adding to its holdings for two years. https://t.co/DSs7uvxg7F #preciousmetals #gold #china #investing #INN"Read full newsRead More
New Gold reports Q4 production numbers.Finally, Rainy River mine performance trends to the upside.New Gold shares rally, but there may be more to come if the company shows investors viable path to success in upcoming guidance and earnings releases.Back in early November 2018, I was looking at New Gold (NGD) shares for potential speculative play. At that time, it looked like shares were on pause un...Read More
John Williams & Chris Waltzek Ph.D. - January 8th, 2019. -- CLICK HERE TO LISTEN NOW (Mp3 file) HighlightsThe founder of Shadowstats.com, a leading online alternative economic-resource offers listener's a financial market overview for 2019.John Williams notes the economic mishaps leading up to the Great Recession of 2008 were mostly ignored.The inordinately large global financial-bubble...Read More
Big moves will be there in metals, energies and the US dollar Index only after the outcome of US-China trade talks are known. Till then, the consolidation phase will be there. Focus of the world in on a Chinese slowdown. Long term metal investors are on the sidelines as they expect slower and lower Chinese demand. If the trade talks succeed and all issues comes to an end once and for all, then a...Read More
John Williams & Chris Waltzek Ph.D. - January 8th, 2019. -- CLICK HERE TO LISTEN NOW (Mp3 file) HighlightsThe founder of Shadowstats.com, a leading online alternative economic-resource offers listener's a financial market overview for 2019.John Williams notes the economic mishaps leading up to the Great Recession of 2008 were mostly ignored.The inordinately large global financial-bubble...Read More
Big moves will be there in metals, energies and the US dollar Index only after the outcome of US-China trade talks are known. Till then, the consolidation phase will be there. Focus of the world in on a Chinese slowdown. Long term metal investors are on the sidelines as they expect slower and lower Chinese demand. If the trade talks succeed and all issues comes to an end once and for all, then a...Read More
Vangold Mining Corp. (theRead full newsRead More
ExGen Resources Inc. (TSXV:EXG; OTC: BXXRF) ("ExGen") announced today that, effective Friday, January 11, 2019, it will continue from the Province of Alberta to the Province of British Columbia pursuant to a resolution passed by shareholders of ExGen at the annual and special meeting held November 5, 2018.Read full newsRead More
The Fed minutes underscored a dovish take toward future rate hikesStocks soared today on lingering trade tailwinds, while a relatively dovish tone in the December Fed meeting minutes only strengthened bulls' resolve into the close. Traders also watched as oil prices surged back above the $50 per barrel mark for the first time since mid-December, while Apple (AAPL) climbed to the top of the Dow, de...Read More
It's easy to prepare your retirement savings for the New Year.It's that time of year again.Yes, the holiday season is filled with shopping and Christmas parties, but we still have to squeeze in a little time for end-of-year portfolio housekeeping. Because let's face it, life isn't exactly going to slow down once we hit the first of the yearIt's particularly important to take a good look at your 40...Read More
Two big themes emerge in the January INK Edge Top 40 Stock Report distributed Wednesday morning to Canadian Insider Club members. First, bargain hunters have something to cheer about with eight stocks making the list that rank highly in terms of offering cheap valuations. Secondly, four cannabis-oriented stocks (which we would categorize as growth story stocks) make the list this month. That's a...Read More
"Flowr (@FlowrCanada) (#TSXV: $FLWR | #OTC: $FLWPF) Signs Medical #Cannabis Supply Agreement With Shoppers Drug Mart [https://t.co/UuzFSHDmxr]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #cannabis #investments #cannabisdaily #marijuananews"Read full newsRead More